n 28 ed Completed output from a process in a period was 16,000 units. There was no opening work-in- progress but 1,200 units, which were complete for materials but only 40% processed in respect of conversion costs, were unfinished at the end of the period. The costs per equivalent unit for the period were: out of on $12.60 Materials Conversion costs $8.70 What is the value of the closing work-in-progress? Select one: O a. $10,224 O b. $21,384 C. $25,560 d. $19,296